10 result(s) displayed (1 - 10 of 10):

Shrinking Sprint gives Clearwire $1.2B (from Corporate Dealmaker)

Sprint Nextel Corp. (NYSE:S) has lost about 3 million customers so far this year, which is making its 4G WiMax investments in Clearwire Corp. (NASDAQ:CLWR) all that more important. Rivals Verizon Wireless and AT&T Inc. (NYSE:T) operate a larger 3G network and are adding customers in the millions per quarter....

Posted on November 10, 2009 4:22 PM

GE: Contrasting JVs in healthcare, maybe media (from Corporate Dealmaker)

In an interview last year, Pamela Daley said that the M&A team at General Electric Co. (NYSE:GE) was spending more time thinking about joint ventures. It's becoming increasingly clear what Daley, GE's senior vice president for corporate business development, was talking about.Speaking in India Thursday, CEO Jeff Immelt confirmed for...

Posted on October 2, 2009 11:13 AM

Clearwire and Sprint close $14.5B WiMax venture (from Corporate Dealmaker)

Clearwire Corp. and Sprint Nextel Corp. on Monday took a huge leap toward the planned rollout of the first nationwide 4G mobile broadband network by closing their multibillion dollar WiMax deal. The venture combines the companies' wireless Internet businesses and aims to begin rolling out the network in early 2009....

Posted on December 1, 2008 11:02 AM

Cox Communications chooses wireless build over buy (from Corporate Dealmaker)

Cox Communications Inc. is breaking from some of its cable operator brethren and building its own wireless network. The nation's third-largest cable provider will build a 3G network to deliver wireless to the 23 million customers in its coverage area beginning in 2009. In addition, it will partner with Sprint...

Posted on October 27, 2008 11:39 AM

Movies.com deal boosts Fandango in news, ad sales (from Corporate Dealmaker)

Promising more in-depth news, celebrity interviews and movie news, entertainment news site Movies.com is being bought by ticket seller Fandango.com from Walt Disney Internet Group. Los Angeles-based Fandango.com and Movie.com were launched in 2000 and claim little audience overlap among their respective 6.3 million and 1.9 million monthly unique...

Posted on June 23, 2008 1:29 PM

Hobson was a JV guy (from Corporate Dealmaker)

Dealmaking lends itself to certain axioms: Talk less and listen more; beware of deal fever; cherish certainty of closing. To these I would add a personal favorite -- avoid joint ventures whenever possible. No one would argue with a straight face that a joint venture is the optimum business...

Posted on June 1, 2008 11:00 AM

Sprint, Clearwire, Intel, Google and others in $14.5B WiMax deal (from Corporate Dealmaker)

Sprint Nextel Corp. and Clearwire Corp. are combining their WiMax businesses, creating a new mobile broadband company to be named Clearwire. And the new company is getting a $3.2 billion cash infusion from an impressive alliance of technology and cable giants including Intel Corp. (through Intel Capital), Google Inc., Comcast...

Posted on May 7, 2008 9:55 AM

Report: Sprint, Clearwire in $12B deal (from Corporate Dealmaker)

Sprint Nextel Corp. and Clearwire Corp. may announce as soon as Wednesday a deal to roll out WiMax broadband wireless technology for mobile devices, according to the WSJ. They reported investments that valued the joint venture at $12 billion, with $1.05 billion from cable provider Comcast Corp., $1 billion from...

Posted on May 6, 2008 5:23 PM

Sprint loses mobile phone JV partners (from Corporate Dealmaker)

Comcast Corp., Time Warner Cable Inc., Cox Communications Inc. and Advance/Newhouse Communications said they are pulling out of a $200 million mobile joint venture, known as Pivot, with Sprint Nextel Corp. "We both decided that the product that was designed was too operationally complex -- dependent on too many...

Posted on April 23, 2008 5:42 PM

Team convergence (from Corporate Dealmaker)

A new $200 million JV among Sprint Nextel and four cable TV companies aims to fend off competition on both sides.

Posted on April 15, 2006 7:15 PM